Betsy is in a partnership with three of her neighbours to start a flower shop.Betsy and one partner want to create a plan but the two other partners feel a plan is not necessary because they all have their own beautiful gardens.What will likely occur?
A) Insufficient planning will result.
B) Betsy will ensure full planning is completed.
C) Investors will be more interested in their experience than the plan.
D) The venture will surely fail.

Question

Quizplus · Accepted Answer

Even if the partners have their own beautiful gardens, there are still many aspects of starting a flower shop that require planning such as budgeting, marketing, and operations. Without a plan, there is a higher likelihood of running into issues and not being adequately prepared to handle them.

Betsy Is in a Partnership with Three of Her Neighbours